AAOG is trading at $2.88, up 6.08%, as optical-networking stocks rebound on AI data-center demand expectations.
- Shares track 2x daily exposure to Applied Optoelectronics (AAOI), which rose 7.71%.
- AAOI completed its $600 million at-the-market offering, saying proceeds would support manufacturing expansion for data-center optical devices.
- Broad market indexes were mixed, and the move appears more tied to the optical communications sector than to a general market rally.